Which of the Following Is True About the Assignment and the Negotiation

question 28

Multiple Choice

Which of the following is true about the assignment and the negotiation of a negotiable instrument?

• A) An assignment does not require a signature whereas a negotiation does.
• B) A negotiation results in a transfer of rights,but an assignment does not.
• C) An assignment applies to bearer paper,and a negotiation applies to order paper.
• D) An assignment can transfer no greater rights than those held by the transferor,whereas the transferee in a negotiation can receive greater rights than those held by the transferor.

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Definitions:

Wildcat Strikes

Unofficial labor strikes that occur without the formal authorization or support of a labor union, often in response to urgent or unaddressed grievances.

Grievance

A formal complaint or concern raised by an employee regarding workplace conditions or treatment.

Union Mergers

The process where two or more labor unions consolidate into a single, larger union to increase bargaining power and member benefits.

Union Organization Campaign

A coordinated series of efforts and activities undertaken by a labor union to encourage and facilitate workers in a workplace to join the union and seek collective bargaining rights.